Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) Sees Large Growth in Short Interest

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 8,350 shares, an increase of 80.7% from the June 15th total of 4,622 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 89,071 shares, the days-to-cover ratio is currently 0.1 days.

Avolta Stock Down 1.8%

OTCMKTS DUFRY opened at $5.86 on Friday. The company’s 50-day moving average price is $6.15 and its 200-day moving average price is $6.11. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.38 and a current ratio of 0.68. Avolta has a 12 month low of $5.00 and a 12 month high of $6.81.

Analysts Set New Price Targets

Separately, UBS Group lowered Avolta from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Avolta presently has a consensus rating of “Buy”.

About Avolta

Avolta AG operates as a travel retailer. The company’s retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Zurich Duty-Free or Stockholm Duty-Free, Autogrill, and HMSHost brands; Dufry shopping stores; brand boutiques; convenience stores primarily under the Hudson brand; and specialized shops and theme stores. It offers perfumes and cosmetics, food and confectionery, wines and spirits, watches and jewelry, fashion and leather, tobacco goods, souvenirs, electronics, soft drinks, packaged food, travel accessories, personal items, sunglasses, destination, and other products, as well as newspapers, magazines, and books.